Private Banking – Business Functional Analyst – Capital Markets Transformation – Associate

Details of the Division and Team:    

The Business Functional Analyst will play a role in driving transformation initiatives across Capital Markets business lines, bridging the gap between Front Office, Dealers, Operations, Risk and Technology.  The role requires capital markets product knowledge, strong business analysis skills, and the ability to translate business objectives into actionable business and functional requirements.  This position will work closely with the Programme Lead to manage stakeholders in shaping target operating models, re-engineer processes, and deliver high-impact change programs that align with client, business and regulatory objectives of the Bank.

What we will offer you:         

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible benefits plan including virtual doctor consultation services

• Comprehensive leave benefits

• Gender Neutral Parental Leave

• Hybrid working arrangement

• 21 days of annual paid leave, plus public holiday

• A culture of continuous learning to aid progression

Your key responsibilities:

• Engage with stakeholders across trading, sales, operations, risk, and IT to understand current state processes, systems and pain points.

• Conduct detailed analysis of business needs for initiatives across asset classes (Structured Products, FX, Equities, Fixed Income).

• Document and validate high quality business functional requirements.

• Develop process maps, business workflows, and functional specifications.

• Facilitate communication at cross-team level to create consensus on scope, design decisions, and implementation decisions.

• Collaborate with business, internal development team, and external vendors to deliver against agreed user requirements.

• Work closely with vendors to align change requirements and solutioning, and management of changes required due to production issues raised by Business.

• Manage the rollout and implementation of revised business processes and workflows.

• Coordinate demos and UAT testing to validate user requirements and verify solutions respectively. As part of UAT, you will be a key actor in test case and data preparation and training of testers.

• Provide clear and structured updates to stakeholders on change initiatives.

• Work closely with the Capital Market Transformation Programme Lead in aligning business prioritizations.

Your skills and experience:

• Bachelor’s degree in finance, Business, or a related field. With minimum 5 years of experience in Business Analysis within Capital Markets/Investments, with demonstrated involvement in transformation and change-the-bank initiatives.

• Hands-on experience working with financial products, including Equity Derivatives and FX Derivatives, with exposure to multiple asset classes.

• Proven track record of capital markets products, including structured products, and experience with Avaloq, MarginMan, or FinIQ platforms.

• Experience in strong stakeholder management across business, technology, operations and risk/control functions.

Core Competencies

• Excellent business analysis and problem solving skills.

• Ability to translate complex concepts, interpret stakeholders’ needs and requirements into clear, actionable deliverables.

• Relevant experience in process re-engineering and operating model design.

• Excellent written and verbal communication skills.

• Strategic thinker with an eye for detail.

• Structured organized way of working.

• Collaborative and proactive approach in engaging diverse stakeholders.

• Results-driven with strong ownership and accountability.

• Can-do attitude is a must.

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.